Category Archives: Syndicated
Hedge funds seeing opportunity in biotechs
MSNBC – When Icagen went public in February, the company drew interest from a relatively new breed of investors: hedge funds. Several of these investment firms, including Chapel Hill-based Silverback Asset Management, bought shares of the Durham-based biotech, quickly becoming […]
Gold Rises in Asian Trading as Hedge Funds Diversify Holdings
Bloomberg – Gold rose in Asia, pacing bullion futures in Tokyo, as hedge funds and other large speculators seek to diversify their holdings from currency, stocks and bonds. Speculators have more than doubled their holdings in gold futures in the […]
Venezuela’s Chavez Uses `Hedge Fund’ to Buy Bonds, Sway Region
When Citigroup Inc. and JPMorgan Chase & Co., the two biggest U.S. banks in Latin America, balked at buying Argentine debt at an October government sale, Venezuela’s President Hugo Chavez stepped in. Chavez bought $337 million of bonds from Argentina’s […]
The Andrew Davidson Interview: Hedge fund man makes charity an art
The Sunday Times – Harvey McGrath, chairman of Man, is the respectable face of the hedge fund industry. How long before his firm becomes part of the establishment? ’TIS the season to be jolly and those working in hedge funds, […]
Hedge Funds lose ground as trusts join TSX
CTV.ca – The hedge funds got trimmed late yesterday, when many income trusts were hit by an unexpected drop in price as the sector joined the S&P/TSX composite index. For weeks, Bay Street professional traders have been loading up on […]
Hedge funds may have more time before SEC rule
Reuters – The U.S. Securities and Exchange Commission appears to be giving hedge funds a little more time to prepare for a new rule that will allow the financial regulator to watch the $1 trillionindustry more closely. The agency said […]
Hedge funds seeing opportunity in biotechs
MSNBC – Private biotech companies in Silicon Valley are finding a new source of capital from an unlikely place: hedge funds. Flush with a multi-billion-dollar war chest, hedge funds are increasingly adding private financing deals to their public market investments, […]
Hedge funds testing patience
Good news for Paul Sarbanes and Michael Oxley: The senator and congressman whose names were affixed to Congress’ corporate-reform legislation have been knocked out of first place on the list of bogeymen haunting the corporate boardroom. The new leader: hedge […]
Global hedge funds up 7 per cent for the year: Greenwich-Van
The Financial Standard – The Greenwich-Van Global Hedge Fund Index gained 7 per cent over the year to end October, according to hedge fund index provider Greenwich-Van Advisors (Greenwich-Van). “Many hedge fund strategies, with the exception of short sellers and […]
Exporters drag Asia down
CNN – A resurgent yen hit a six-week peak against the dollar and one-month high against the euro on Friday as investors rushed to buy back the Japanese currency after a 12-month sell-off. The weakness of the dollar against the […]
Hedge funds avoid new SEC rules
That may be a question nagging the Securities and Exchange Commission as the first, unofficial deadline of the agency’s new project to oversee the hedge fund industry is reached on Thursday. Hedge funds have traditionally been lightly regulated investment pools […]
Vontobel to buy stake in hedge fund firm Harcourt
Reuters – Swiss bank Vontobel (VONN.S: Quote, Profile, Research) plans to purchase a 56percent stake in hedge fund firm Harcourt Investment Consulting AG for 80 million Swiss francs ($62.40 million) to expand its activities in the fast-growing field. Vontobel on […]